BOGOTA,
Colombia, March 25, 2024 /PRNewswire/ -- Ecopetrol
S.A. (BVC: ECOPETROL; NYSE: EC) informs that during the ordinary
General Shareholders' Meeting held on March
22, 2024, after giving notice to its shareholders and
complying with the legal requirements to carry out the session, the
shareholders cast their votes on each of the items on the agenda as
follows:
Matter Submitted for Consideration of the
Shareholders' Meeting
|
Voting for the first proposal to approve the agenda
included in the call
|
Voting for the second proposal to remove item 16
(Election of members of the Board of Directors for the remainder of
the 2021-2025 period) and item 17 (Presentation and approval of
statutory reforms – modification of the corporate
purpose) from the
agenda
|
Vote for the third proposal to include the disclosure
of the Control Risk Report on the agenda
|
Voting for the fourth proposal to (i) remove item 16
(Election of members of the Board of Directors for the remainder of
the 2021-2025 period) and item 17 (Presentation and approval of
statutory reforms – modification of the corporate
purpose) from the
agenda and (ii) include in the agenda the discussion of the
performance of the President of Ecopetrol
|
Approval of the
agenda
|
99.28% in
favor
|
0.001% in
favor
|
0.0008% in
favor
|
0.0043% in
favor
|
Matter Submitted for Consideration of the
Shareholders' Meeting
|
Votes in favor
|
Votes against
|
Blank votes
|
Appointment of the
President of the
General Shareholder´s
meeting
|
99.84 %
|
0.002 %
|
0.14 %
|
Appointment of the
Election and Reviewing Commission
of the General
Shareholder´s meeting
|
99.94 %
|
0.0006 %
|
0.05 %
|
Appointment of the
Commission for the Review
and Approval of
the General Shareholder´s meeting Minutes
|
99.99 %
|
0.001 %
|
0.0002 %
|
Approval of the
Report of the Board of Directors on its operation, development and
compliance with the Code of Good Governance.
|
99.96 %
|
0.004 %
|
0.034 %
|
Approval of the
integrated management report for the year 2023
|
99.05 %
|
0.01 %
|
0.93 %
|
Approval of the
audited, individual and consolidated Financial
Statements
|
99.05 %
|
0.01 %
|
0.93 %
|
Note: The figures
included in the table do not include all decimals, which will be
included in the final text of the minutes of the assembly. Once all
formal legal requirements are met and the minutes are registered in
the commercial registry, Ecopetrol will inform the market
about such process through these same means.
Matter Submitted for Consideration of the
Shareholders' Meeting
|
Voting for the first proposal: to approve the payment
of dividends to minority shareholders in 3 equal installments:
April 25; September 26 and December 19. For the majority
shareholder, payment is proposed to be made no later than December
31, 2024.
|
Voting for the second proposal: to approve the
payment of dividends to minority shareholders in 2 equal
installments payable on April 3 and June 26, 2024. For the majority
shareholder, it is proposed to pay no later than December 31,
2024.
|
Distribution of
Dividends Project
|
5.41% in
favor
|
94.54% in
favor
|
Note: The blank vote
corresponded to 0.034%.
Matter Submitted for Consideration by the
Shareholders' Meeting
|
Votes in favor
|
Votes against
|
Blank Votes
|
Election of the
members of the Board of Directors for the remainder of the period
2021-2025
|
98.94 %
|
1.05 %
|
0.00006 %
|
Reform of the
Company's corporate purpose
|
99.38 %
|
0.10 %
|
0.50 %
|
Matter Submitted for Consideration by the
Shareholders' Meeting
|
Voting for the first proposal, which corresponds to
the one presented by Ecopetrol's management.
|
Voting for the second proposal: The number of members
of the Board of Directors is changed from 9 to 11; the term of
office is changed from 4 to 2 years and the possibility of
indefinite reelection is changed and (i) a line item for an
employee of Ecopetrol S.A. and (ii) a line item for a minority
shareholder (not included among the 10 largest shareholders) is
included.
|
Other bylaw
reforms
|
99.77% in
favor 0.16% against
Nota: The blank vote corresponded to
0.06%.
|
0.35% in
favor 94.20% against
Nota: The blank vote corresponded to
5.44%.
|
Matter Submitted for Consideration by the
Shareholders' Meeting
|
Vote on the proposal to file a social action for
liability against Mr. Ricardo Roa Barragan.
|
Proposals and
Miscellaneous
|
1.04% in
favor 94.13% against
Nota: The blank vote corresponded to
4.81%.
|
The election of the members of the Board of
Directors for the remainder of the 2021-2025 period and the
statutory reforms approved by the General Assembly of Shareholders
are detailed below:
i) Appointment of Members of the Board of Directors
The names of the members of the Board of
Directors elected, for the remainder of the period 2021 – 2025, and
the people they replaced are detailed below:
Line
|
Name
|
Permanence
|
Replaced by (if applicable)
|
Quality
|
First
|
Saúl
Kattan
|
NO
|
Ángela María Robledo
Gómez
|
Independent
|
Second
|
Mónica De
Greiff
|
YES, but change
line
|
Lilian Tatiana Roa
Avendaño
|
Not
independent
|
Third
|
Gonzalo
Hernandez
|
YES, but change
line
|
Mónica De Greiff
Lindo
|
Independent
|
Fourth
|
Claudia
González
|
NO
|
Gonzalo Hernandez
Jiménez
|
Not
independent
|
Fifth
|
Mauricio
Cabrera
|
NO
|
Luis Alberto Zuleta
Jaramillo
|
Independent
|
Sixth
|
Luis Alberto
Zuleta
|
YES, but change
line
|
Edwin Palma
Egea
|
Not
independent
|
Seventh
|
Esteban Piedrahita
Uribe
|
NO
|
Guillermo García
Realpe
|
Independent
|
Eighth
|
Sandra
Ospina
|
NO
|
Álvaro Torres
Macías
|
Independent
|
Ninth
|
Juan José
Echavarría
|
YES
|
Juan José Echavarría
Soto
|
Independent
|
ii) The text of the approved amendment can be accessed through
the following
link: https://www.ecopetrol.com.co/wps/wcm/connect/0cae1d90-7809-4adc-88dd-fa4a1376c5be/Bylaws+Admenment+Proposal.pdf?MOD=AJPERES&CVID=oUZHIKc
-----------------------------------------
Ecopetrol is the largest company in
Colombia and one of the main
integrated energy companies in the American continent with
more than 18,000 employees. In Colombia, it is responsible for more than 60%
of the hydrocarbon production of most transportation, logistics,
and hydrocarbon refining systems, and it holds leading positions in
the petrochemicals and gas distribution segments. With the
acquisition of 51.4% of ISA's shares, the company participates in
energy transmission, the management of real-time systems (XM), and
the Barranquilla - Cartagena
coastal highway concession. At the international level, Ecopetrol
has a stake in strategic basins in the American continent, with
Drilling and Exploration operations in the United States (Permian basin and the
Gulf of Mexico), Brazil, and Mexico, and, through ISA and its subsidiaries,
Ecopetrol holds leading positions in the power transmission
business in Brazil, Chile, Peru,
and Bolivia, road concessions in Chile, and the telecommunications
sector.
This press release contains
forward-looking statements which are based on current expectations
and assumptions about future events and which can be identified by
the use of forward-looking terminology such as "may", "will",
"should", "expect", "anticipate", "estimate", "intend", "continue",
or "believe" or other words of similar import, and which
forward-looking statements also include certain projections,
forecasts, budgets and other estimates. These forward-looking
statements are subject to risks and uncertainties that could cause
actual results to differ materially from those expressed in the
forward-looking statements. Many of these risks and uncertainties
relate to factors that are beyond the Ecopetrol's control.
Ecopetrol does not undertake any obligation to provide any
additional information or to update this press release or to
correct any inaccuracies that may become apparent, whether as a
result of new information, future events or otherwise. You should
not place undue reliance on forward-looking statements, which speak
only as of the date of this press release.
For more information, please
contact:
Head of Capital
Markets
Carolina Tovar
Aragón
Email:
investors@ecopetrol.com.co
Head of Corporate Communications (Colombia)
Marcela Ulloa
Email:
marcela.ulloa@ecopetrol.com.co
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SOURCE Ecopetrol S.A.